Display Driver Market New Research Report analysis by 2020 to 2023
Global Display Driver Market The global Display Driver Market is expected to reach a substantial market valuation of USD 8.93 billion by the end of the review period at a considerable CAGR of 7.16%. The increasing demand for LCD panels for mobile devices, PC monitors and TVs, along with a rising number of display manufacturers emerging in the global market, are some of the factors driving the growth of display driver market. Wearables and AR/VR devices are witnessing rapid adoption, thus leading to the increasing demand for flexible displays and OLED, and consequently, display drivers. the growing need for enhanced safety and comfort in automobiles has led to an increase in the applications such as telematics, advanced infotainment systems, and heads-up displays, which are being used increasingly in passenger vehicles. in addition, governments in various countries across the world are implementing vehicle regulations for safety and security, along with introducing regulations for climate control. Get Free Sample Display Driver Market Report @ https://www.marketresearchfuture.com/sample_request/7315 Key Players Some of the key players acknowledged by MRFR in the global market for display drivers is Himax Technologies, Inc. (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), MediaTek Inc. (Taiwan), Novatek Microelectronics Corporation (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), Raydium Semiconductor Corporation (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Sitronix Technology Corporation (Taiwan), Silicon Works Co., Ltd. (South Korea), Synaptics Inc. (US), and ROHM Semiconductor (Japan). Segmental Analysis Based on the type, the display driver market is segmented into display driver IC and touch display driver integration (TDDI). Display driver IC segment is expected to contribute to the largest share of the market while the touch display driver integration segment is estimated to grow at the fastest CAGR during the review period. Based on the device, the global market for displays drivers is segmented into automotive displays, PC monitor, smartphone, tablet, TV, wearable, and others. The smartphone device is one of the largest segments and is anticipated to contribute to a significant share in the display driver market. Additionally, the automotive display segment is expected to grow at a considerable CAGR during the review period owing to factors such as rising demand for connected vehicles and the growing preference towards advanced technologies among consumers. Based on the technology, the display driver market is segmented into LCD, OLED, and others.